The era of frenzied demand for oak in France is over, as concluded by most professionals following the autumn sales of state-owned and communal forests managed by France's National Forest Office (ONF). Fewer bids, more unsold lots, and declining prices for the second consecutive year confirm a well-established trend: the two booming years of 2021 and 2022 are behind us, and the global economic slowdown that began in 2023 has worsened throughout 2024. Moreover, the International Monetary Fund (IMF) has recently downgraded its global growth forecast for 2025, estimating that by the end of this decade, annual ...
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